Accretion Pharmaceuticals SME IPO...
13 May, 2025
Vdeal System Limited IPO And Its GMP
Vdeal System Limited is ISO 9001:2015 certified, providing solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starters, Energy Management System (EMS) and Smart Programmable Logic Controller (PLC) panels, Air-insulated & Sandwich bus ducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety.
The Company has business relationships with global electrical players. Such strategic tie-ups with renowned brand owners give them a competitive edge over their competitors.
Key Players Involved:
- •Book Running Lead Manager: Affinity Global Capital Market Private Limited
- •Registrar: Cameo Corporate Services Limited
- •Market Maker: Black Fox Financial
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Vdeal System Limited IPO And Its GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-09-02 | 112 | 30.0 (27%) | 2024-09-02 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Vdeal System Limited IPO And Its GMP Details
| Detail | Description |
|---|---|
| IPO Date | August 27, 2024 to August 29, 2024 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Price Band | ₹112 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,614,000 shares (aggregating up to ₹18.08 Cr) |
| Fresh Issue | 1,614,000 shares (aggregating up to ₹18.08 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 3,276,460 |
| Shareholding post issue | 4,890,460 |
| Market Maker portion | 81,600 shares Black Fox Financial |
Vdeal System Limited IPO And Its GMP Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, August 27, 2024 |
| IPO Close Date | Thursday, August 29, 2024 |
| Basis of Allotment | Friday, August 30, 2024 |
| Initiation of Refunds | Monday, September 2, 2024 |
| Credit of Shares to Demat | Monday, September 2, 2024 |
| Listing Date | Tuesday, September 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 29, 2024 |
Vdeal System Limited IPO And Its GMP Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹134,400 |
| Retail (Max) | 1 | 1200 | ₹134,400 |
| HNI (Min) | 2 | 2,400 | ₹268,800 |
Vdeal System Limited IPO And Its GMP Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.97% | 66.96% |
Company & Financials
Incorporated in December 2009, Vdeal System Limited is an Integrated Electrical and Automation solution provider. The company specializes in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management System (EMS) and Smart Programmable Logic Controller (PLC) panels. They also offer air-insulated & Sandwich bus ducts. Their services include in-house product design & development, manufacturing, system integration and servicing of automation solutions and smart electrical control panels that comply with high international IEC standards for quality and safety. The company is an ISO 9001:2015 certified company. The company's product portfolio includes several Sense IoT Gateway, Reveal Sense Node and REVNET IIoT Platform. The manufacturing unit of the company is situated in Bhubaneswar, Orissa.
Competitive Strength:
- -
Vdeal System Limited IPO And Its GMP Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 2,727.93 | 2,625.08 | 311.38 | 628.75 | 937.67 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,544.44 | 2,075.41 | 110.09 | 341.83 | 621.02 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 1,142.33 | 1,623.96 | 23.1 | 231.73 | 639.51 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 49.52% |
| ROCE | 32.83% |
| Debt/Equity | 1.49 |
| RoNW | 49.52% |
| P/BV | 5.84 |
| PAT Margin (%) | 11.87 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.5 | 6.37 |
| P/E (x) | 11.79 | 17.59 |
Objectives of Vdeal System IPO
The company intend to utilize the issue proceeds to meet the following objectives:
- •To meet the working capital requirements
- •Prepayment and repayment of all or a portion of certain secured and unsecured loans availed by the company
- •General Corporate Purpose
- •To meet the Offer expenses
Vdeal System IPO Review
The company is an emerging niche player in integrated electrical and automation solutions. It has a tie-up with global leaders in the segment and that provides it an edge over others. The last three fiscals’ performance indicates likely trends going forward. Small equity capital post IPO indicates longer gestation for migration. Though the issue appears fully priced, investors may park funds for the long term.
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
-
What is a Vdeal System IPO?
The IPO is to open on August 27, 2024, for QIB, NII and Retail Investors. The IPO will close on August 29, 2024
-
When will the Vdeal System IPO open for subscription?
The IPO is to open on August 27, 2024, for QIB, NII and Retail Investors. The IPO will close on August 29, 2024.
-
What is the Vdeal System IPO Investors Portion?
The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.
-
What is the Vdeal System Issue Size?
Vdeal System issue size is ₹18.08 crores.
-
What is the Vdeal System IPO Price Band?
Vdeal System IPO Price Band is ₹112.
